Outdoor Adventures manufactures and sells 11 different models of outdoor gear. Outdoor Adventures is contemplating a 4% price cut across all 11 models. It expects the price cut to result in a 9% increase in the number of units sold for models BB2801, BB2803, BB2805, and BB2807. The other seven models (BB2802, BB2804, BB2806, BB2808, BB2809, BB2810, and BB2811) are expected to see a 6% increase in sales volume. Assess the impact of the price cut on Outdoor Adventures’ profits and prepare a profit and loss statement.

Model	Sales Price	Variable Costs	Sales Volume
BB2801	$75	$35	2,000
BB2802	$85	$40	2,500
BB2803	$95	$45	3,000
BB2804	$105	$50	3,500
BB2805	$115	$55	4,000
BB2806	$125	$60	4,500
BB2807	$135	$65	5,000
BB2808	$145	$70	5,500
BB2809	$155	$75	6,000
BB2810	$165	$80	6,500
BB2811	$175	$85	7,000